The Hill
•79% Informative
Federal Reserve Vice Chairman for Supervision Michael Barr warns that FHLBanks’ lending to their member banks may be of concern.
David Rothkopf: Federal Home Loan Banks should not be bailing out banks.
He says the FDIC cleans up mess made by the banks after they lend to failing banks such as Silicon Valley Bank, Signature Bank, First Republic Bank and IndyMac Bank.
Rothkin: Unlike the Fed, the banks have no “skin in the game” when they lend, when they borrow to their members.
Cornelius Hurley: Every day, the FHLBanks demonstrate they are unfit to serve the mission originally charted for them by Congress.
The due date for the much-anticipated report by the FHFA has slipped to later this year, Hurley says.
Hurley was a director of the Federal Home Loan Bank of Boston for over 14 years.
VR Score
83
Informative language
83
Neutral language
19
Article tone
formal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
22
Source diversity
17
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